I am writing in writing in reference to our existing rental agreement for (insert address) and in particular the monthly rental payment. As you know the ongoing economic slump has affected everyone adversely, including us.

The impact has been severe. Overtime it has forced down demand for all our products and drastically cut into our profits. We have down-sized and reorganised in every possible way but still find continuing to operate and paying all our bills, including the monthly rental mentioned, an ongoing challenge.

We still feel we have good products, the demand for which will improve in time along with profits which ultimately will trend up from our reorganisation efforts. Additionally, (insert name of company) has retained a loyal most productive set of employees and we would feel hard-pressed to send them home to their families in such a tough environmen,t especially after the level of service they have given us.

Against the background of the foregoing, we ask for your review and possible roll back of the monthly rental payment to (insert figure). This will provide additional breathing space to continue operating and meeting the monthly obligations until market conditions improve.

We are extremely grateful for your consideration and hope that you will grant us the review and find our request reasonable. Looking forward to your speedy and favourable response.